End of Year Trader Tax Tips

Recorded Nov. 14, 2012

Washington negotiates the Bush-era tax cuts going into year-end 2012. Wash-sale losses can be better than capital-loss carryovers. Convert wash sales to Section 475 ordinary losses on Jan. 1. Accelerate business expenses with trader tax status. Entities are better for business traders.

Testimonials

Thank you Robert! Your materials are excellent. I used them in electing MTM for a client a few years ago, who has started trading again.  I had a phone consult with you then, about 10 years ago! Another CPA has a new client with the election and lots of questions. I'm going to tell him what I know, but point him to your materials. Take care,

Bxx